The round currently includes existing investors like Andreessen-Horowitz and Draper Fisher Jurveston, Levie said. There are additional investors that the company would not disclose yet, but would disclose in a few weeks. The company plans to use the funding to build up its team in a mad land grab for the cloud computing ecosystem, Levie said.

“As you’ve gotten a sense in the past 7 or 8 months, the market is in nearly every variable and metric outperforming our expectations,” he said. “The market for cloud adoption, our ability to hire great people and our own expectation has been above what we even anticipated a couple quarters ago.”

Box.net is planning a second extension to its fourth round of funding on top of the money it has raised thus far. It will either be part of the current extension to its fourth round (a series D-1 round) or a separate extension (a series D-2 round).